Background*

Mr. Shinya Sakai serves as the Chairman of the Board of Hanshin Electric Railway Co., Ltd. since April 2011. Mr. Sakai has been External Director of Asahi Broadcasting Corporation since June 2007. He has been an External Director of Sanyo Electric Railway Co., Ltd. since June 2007. He has been a Representative Director at Hankyu Hanshin Holdings Inc. since October 2006. He has been a Representative Director of Hanshin Electric Railway Co., Ltd. since June 2006. He served ... as the President of Hanshin Electric Railway Co., Ltd. since June 2006. Mr. Sakai joined Hanshin Electric Railway Co., Ltd. in April 1970. Mr. Sakai served as a Director at Shinki Bus Co. Ltd.

Stock Options*

Total Compensation*

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